Even a good PM cannot compensate for a poorly located building, as you will be serving a low class kind of tenant who proves to be a no pay, late pay, partial pay headache before absconding into the night. 

That fact alone makes it less likely they'll accidentally break a self-dealing rule, such as if their IRA had actually bought a rental property, then the investor decided to try to self manage (that's a no-no).

It's a no brainer so long as the property won't have any issues passing an appraisal.

It is a no-brainer way to improve the value of the property. 

It is basically a no income loan.2nd option is a No Ratio no DSCR loan at 80% LTV even easier to qualify then the first option. 

The rule makes the majority of the 4plex deals in the Austin Texas a no go.

I got a no heat call , then they told me the electric was out too . ( face palm ) .

Yes for W/D hookups, but a no on landlord supplied.Hookups give them the option to purchase a used set so they dont need to travel to the laundromat.

You need more meat on the bone when dealing with older assets and it can be tough to find it and substantiate the work-to-profit ratio.Flip the conversation (pun intended) and if you find that ranch style product in the Durham "burbs" like around South Point, then its a no-brainer.

All you can do is send the buyer to several lenders you work with and see what happens but it always comes back as a no.